Markets

Dow & Synthace Partner to Speed Up Product Development

The Dow Chemical Company 's DOW subsidiary Dow AgroSciences LLC announced that it has entered into a deal with Synthace to optimize technology by hastening development of fermentation-based production of crop protection products. Both the companies will utilize their expertise in natural products and figure new ways to speed up product development.

Dow AgroSciences will be able to access Synthace's Antha software tools through the multi-seat enterprise license that the deal entitles. Synthace's advanced tools and software will be utilized to support development of superior microbial production strains at Dow AgroSciences.

The deal will allow Dow to utilize the power of nature along with fermentation technology, to produce and develop solutions for farmers. These products help in increasing the crop yields by preventing pest infestation and controlling disease. With the application of automated strain engineering, development of new microbial production hosts in the lab happens faster which accelerates development of fermentation processes for new products. This allows the new products to arrive at the markets faster, thereby benefiting the farmers.

Antha is a platform that connects research, development and biomanufacturing and Synthace is looking to employ it with Dow to optimize tools and processes. Dow, on the other hand, looks forward to utilizing the innovative technologies of Synthace.

Dow currently carries a Zacks Rank #4 (Sell).

Some better-ranked companies in the chemical space include Koppers Holdings Inc. KOP , Arkema S.A. ARKAY and Air Products & Chemicals Inc. APD . While Koppers and Arkema sport a Zacks Rank #1 (Strong Buy), Air Products carries a Zacks Rank #2 (Buy).

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DOW CHEMICAL (DOW): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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